Business

Asset management firm Blackstone will become the majority owner of sandwich chain Jersey Mike’s in a deal that values the company at a reported $8 billion.

Imagine a world-class concert venue so small and unassuming, even its own neighbors may not know it exists.

With several casual restaurant chains facing financial hardships, experts are weighing in on what this could mean for the industry.

Housing costs rose to record numbers in 2024.

Americans' debt balances grew across the board, but Fed researchers voiced 'concerning' growth in auto and credit card delinquencies.

Advance Auto Parts will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.

The satirical news publication The Onion, based in Chicago, won the bidding for Alex Jones' Infowars at a bankruptcy auction.

Boeing announced that it will lay off 10% of its workforce in the coming months and cut its production in the wake of a labor union strike.

It’s hard for the holidays to be the most wonderful time of the year when your finances are tight. In a Fox 32 money saver special report, Dawn Hasbrouck looks at some ways to help you still afford them and dodge some debt.

Without warning, a popular grocery store has packed up and moved out of the city’s West Pullman neighborhood—forcing an existing food desert to grow wider.

A Chicago boutique has expanded with a new location in River North just in time for the holidays.